Virgin Hyperloop One: Will Open Innovation Lead to Its Reality?
Virgin Hyperloop One leverages open innovation to push product development and commercial feasibility forward. But how sustainable is their approach?
open innovation
The Internet of Things: How will Samsung bring their A-game?
Samsung is one of the main competitors within the Internet of Things Space. Traditionally, Samsung has developed consumer electronics but as we move into a world of “smart” everyday objects, Samsung must be able to not only produce great hardware but also software that will bring those ordinary objects to life in a way that attracts customers away from their competitors.
Open Innovation in CPG: The Future of HENRi@Nestlé
Examining Nestle's Open Innovation Program
Open Innovation at Lego – The Back Beat in “Everything is Awesome”
After avoiding bankruptcy in 2003, LEGO has effectively used open innovation to align with customer demands and to become a global leader in toy innovation. Now, can LEGO’s use of open innovation maintain its growth with increasing digital competition?
What would you do with a bounty? Decentralized collaboration on an open innovation platform
Would you like to create a bounty to get your trash picked up without registering on Handy? Would you like to receive a bounty by giving someone a lift on your way home without being an official Lyft driver? Would you like to use a bounty to crowdsource innovative approach to your next big startup idea? In a world powered by The Bounties Network, user can easily create or fulfill tasks, getting paid with tokens on the Ethereum blockchain.
Letting Go at LEGO: How Open Innovation Reinforces Product Creativity and Design
Since 1998, LEGO has been leading the way in Open Innovation – finding success in sourcing new ideas from an active online community of dedicated LEGO fans. Twenty years later, how can the iconic brick behemoth continue to harness the excitement of their passionate consumers to stay successful in the competitive and challenging toy and games arena?
How Starbucks engages tens of thousands of customers to innovate products and store experiences
The post explores how Starbucks has embraced open innovation in product development and rolling out new in-store experiences
The Death of the Starving Artist: Patronage via Patreon
Subscription-based crowdfunding platforms like Patreon claim to help artists to make a fair living through fan support – but is that truly the case?
Open Innovation Initiatives in UNHCR Refugee Communities
Open innovation, in which companies and organization source information from external sources, helps businesses approach strategic decisions in a creative manner. UNHCR, whose goals are to implement changes external to its organization, would highly benefit from sourcing information and potential solutions from the very people they are trying to help.
TaskRabbit is using open innovation to tap an unrealized labor market, but can it sustain its growth?
TaskRabbit is your new handyman, mover, grocery shopper, and more. Using open innovation, or “crowdsourcing,” TaskRabbit connects demand for and supply of contractual labor.